Share Price and Basic Stock Data
Last Updated: June 13, 2025, 9:38 pm
| PEG Ratio | 16.77 |
|---|
Competitors of CEAT Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Goodyear India Ltd | 2,196 Cr. | 952 | 1,260/806 | 39.8 | 261 | 2.51 % | 13.0 % | 9.31 % | 10.0 |
| TVS Srichakra Ltd | 2,220 Cr. | 2,898 | 4,900/2,430 | 82.4 | 1,546 | 1.63 % | 5.07 % | 2.35 % | 10.0 |
| JK Tyre & Industries Ltd | 10,277 Cr. | 375 | 511/232 | 19.9 | 177 | 1.20 % | 12.8 % | 11.1 % | 2.00 |
| Innovative Tyres & Tubes Ltd | 10.2 Cr. | 5.65 | 10.2/4.75 | 9.21 | 0.00 % | 26.6 % | % | 10.0 | |
| CEAT Ltd | 15,005 Cr. | 3,709 | 4,044/2,322 | 30.4 | 1,080 | 0.81 % | 15.0 % | 11.7 % | 10.0 |
| Industry Average | 17,669.17 Cr | 1,550.81 | 37.40 | 548.89 | 1.16% | 14.57% | 10.06% | 6.43 |
Quarterly Result
| Metric | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,592 | 2,818 | 2,894 | 2,727 | 2,875 | 2,935 | 3,053 | 2,963 | 2,992 | 3,193 | 3,305 | 3,300 | 3,421 |
| Expenses | 2,404 | 2,653 | 2,691 | 2,490 | 2,507 | 2,548 | 2,597 | 2,546 | 2,600 | 2,810 | 2,942 | 2,959 | 3,033 |
| Operating Profit | 188 | 165 | 203 | 238 | 368 | 387 | 456 | 418 | 392 | 383 | 362 | 341 | 388 |
| OPM % | 7% | 6% | 7% | 9% | 13% | 13% | 15% | 14% | 13% | 12% | 11% | 10% | 11% |
| Other Income | -3 | 2 | -14 | 2 | -6 | 3 | 10 | 3 | -55 | 14 | 3 | 3 | -33 |
| Interest | 57 | 52 | 58 | 66 | 67 | 70 | 72 | 66 | 62 | 62 | 66 | 75 | 74 |
| Depreciation | 110 | 111 | 115 | 117 | 125 | 121 | 124 | 127 | 136 | 132 | 137 | 141 | 152 |
| Profit before tax | 19 | 4 | 16 | 56 | 170 | 199 | 270 | 228 | 139 | 203 | 162 | 128 | 129 |
| Tax % | 5% | 31% | 65% | 27% | 27% | 27% | 25% | 24% | 33% | 27% | 29% | 28% | 28% |
| Net Profit | 25 | 9 | 6 | 35 | 132 | 144 | 208 | 181 | 102 | 154 | 121 | 97 | 99 |
| EPS in Rs | 6.24 | 2.29 | 1.94 | 8.75 | 33.05 | 35.75 | 51.42 | 44.87 | 26.84 | 38.11 | 30.13 | 24.01 | 24.60 |
Last Updated: May 31, 2025, 9:33 am
Below is a detailed analysis of the quarterly data for CEAT Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 3,421.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,300.00 Cr. (Dec 2024) to 3,421.00 Cr., marking an increase of 121.00 Cr..
- For Expenses, as of Mar 2025, the value is 3,033.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,959.00 Cr. (Dec 2024) to 3,033.00 Cr., marking an increase of 74.00 Cr..
- For Operating Profit, as of Mar 2025, the value is 388.00 Cr.. The value appears strong and on an upward trend. It has increased from 341.00 Cr. (Dec 2024) to 388.00 Cr., marking an increase of 47.00 Cr..
- For OPM %, as of Mar 2025, the value is 11.00%. The value appears strong and on an upward trend. It has increased from 10.00% (Dec 2024) to 11.00%, marking an increase of 1.00%.
- For Other Income, as of Mar 2025, the value is -33.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Dec 2024) to -33.00 Cr., marking a decrease of 36.00 Cr..
- For Interest, as of Mar 2025, the value is 74.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 75.00 Cr. (Dec 2024) to 74.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Mar 2025, the value is 152.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 141.00 Cr. (Dec 2024) to 152.00 Cr., marking an increase of 11.00 Cr..
- For Profit before tax, as of Mar 2025, the value is 129.00 Cr.. The value appears strong and on an upward trend. It has increased from 128.00 Cr. (Dec 2024) to 129.00 Cr., marking an increase of 1.00 Cr..
- For Tax %, as of Mar 2025, the value is 28.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 28.00%.
- For Net Profit, as of Mar 2025, the value is 99.00 Cr.. The value appears strong and on an upward trend. It has increased from 97.00 Cr. (Dec 2024) to 99.00 Cr., marking an increase of 2.00 Cr..
- For EPS in Rs, as of Mar 2025, the value is 24.60. The value appears strong and on an upward trend. It has increased from 24.01 (Dec 2024) to 24.60, marking an increase of 0.59.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: May 3, 2025, 2:57 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,464 | 5,705 | 5,484 | 5,766 | 6,282 | 6,985 | 6,779 | 7,610 | 9,363 | 11,315 | 11,943 | 13,218 |
| Expenses | 4,790 | 5,013 | 4,694 | 5,096 | 5,652 | 6,332 | 6,052 | 6,617 | 8,643 | 10,341 | 10,291 | 11,744 |
| Operating Profit | 673 | 692 | 789 | 670 | 630 | 652 | 727 | 993 | 721 | 974 | 1,653 | 1,474 |
| OPM % | 12% | 12% | 14% | 12% | 10% | 9% | 11% | 13% | 8% | 9% | 14% | 11% |
| Other Income | 3 | 16 | 7 | 28 | 9 | 10 | 8 | 10 | 17 | -8 | -18 | -12 |
| Interest | 187 | 142 | 101 | 90 | 104 | 93 | 154 | 179 | 207 | 242 | 269 | 278 |
| Depreciation | 87 | 93 | 108 | 143 | 169 | 193 | 277 | 340 | 435 | 469 | 509 | 563 |
| Profit before tax | 403 | 472 | 587 | 466 | 367 | 376 | 304 | 484 | 95 | 254 | 857 | 622 |
| Tax % | 33% | 33% | 32% | 23% | 36% | 33% | 24% | 11% | 26% | 28% | 26% | 28% |
| Net Profit | 271 | 314 | 436 | 359 | 233 | 251 | 230 | 432 | 71 | 182 | 635 | 471 |
| EPS in Rs | 75.44 | 78.41 | 108.17 | 89.28 | 58.83 | 62.35 | 57.17 | 106.81 | 17.60 | 46.02 | 158.87 | 116.85 |
| Dividend Payout % | 13% | 13% | 11% | 13% | 20% | 19% | 21% | 17% | 17% | 26% | 19% | 26% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 15.87% | 38.85% | -17.66% | -35.10% | 7.73% | -8.37% | 87.83% | -83.56% | 156.34% | 248.90% | -25.83% |
| Change in YoY Net Profit Growth (%) | 0.00% | 22.99% | -56.51% | -17.44% | 42.82% | -16.09% | 96.19% | -171.39% | 239.90% | 92.56% | -274.73% |
CEAT Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 14% |
| 3 Years: | 12% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 15% |
| 3 Years: | 80% |
| TTM: | -27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 32% |
| 3 Years: | 59% |
| 1 Year: | 48% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 12% |
Last Updated: Unknown
Balance Sheet
Last Updated: May 13, 2025, 3:43 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 36 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 993 | 1,642 | 2,014 | 2,374 | 2,566 | 2,726 | 2,867 | 3,276 | 3,232 | 3,399 | 4,002 | 4,328 |
| Borrowings | 1,174 | 775 | 663 | 924 | 872 | 1,498 | 2,035 | 1,533 | 2,229 | 2,295 | 1,792 | 2,136 |
| Other Liabilities | 1,338 | 1,365 | 1,390 | 1,578 | 1,669 | 2,140 | 2,423 | 3,284 | 3,658 | 3,891 | 4,160 | 4,707 |
| Total Liabilities | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 |
| Fixed Assets | 1,565 | 1,581 | 2,032 | 2,453 | 2,709 | 3,180 | 4,160 | 4,763 | 5,329 | 6,096 | 6,271 | 7,015 |
| CWIP | 82 | 229 | 299 | 326 | 310 | 833 | 1,069 | 793 | 876 | 596 | 684 | 507 |
| Investments | 0 | 312 | 195 | 232 | 214 | 181 | 184 | 210 | 179 | 170 | 182 | 190 |
| Other Assets | 1,893 | 1,700 | 1,581 | 1,907 | 1,914 | 2,210 | 1,954 | 2,367 | 2,775 | 2,765 | 2,858 | 3,501 |
| Total Assets | 3,540 | 3,822 | 4,108 | 4,917 | 5,146 | 6,404 | 7,366 | 8,133 | 9,160 | 9,627 | 9,994 | 11,212 |
Below is a detailed analysis of the balance sheet data for CEAT Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 40.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 40.00 Cr..
- For Reserves, as of Mar 2025, the value is 4,328.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,002.00 Cr. (Mar 2024) to 4,328.00 Cr., marking an increase of 326.00 Cr..
- For Borrowings, as of Mar 2025, the value is 2,136.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 1,792.00 Cr. (Mar 2024) to 2,136.00 Cr., marking an increase of 344.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 4,707.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,160.00 Cr. (Mar 2024) to 4,707.00 Cr., marking an increase of 547.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 11,212.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 9,994.00 Cr. (Mar 2024) to 11,212.00 Cr., marking an increase of 1,218.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 7,015.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,271.00 Cr. (Mar 2024) to 7,015.00 Cr., marking an increase of 744.00 Cr..
- For CWIP, as of Mar 2025, the value is 507.00 Cr.. The value appears to be declining and may need further review. It has decreased from 684.00 Cr. (Mar 2024) to 507.00 Cr., marking a decrease of 177.00 Cr..
- For Investments, as of Mar 2025, the value is 190.00 Cr.. The value appears strong and on an upward trend. It has increased from 182.00 Cr. (Mar 2024) to 190.00 Cr., marking an increase of 8.00 Cr..
- For Other Assets, as of Mar 2025, the value is 3,501.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,858.00 Cr. (Mar 2024) to 3,501.00 Cr., marking an increase of 643.00 Cr..
- For Total Assets, as of Mar 2025, the value is 11,212.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,994.00 Cr. (Mar 2024) to 11,212.00 Cr., marking an increase of 1,218.00 Cr..
Notably, the Reserves (4,328.00 Cr.) exceed the Borrowings (2,136.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 672.00 | -83.00 | 126.00 | -254.00 | -242.00 | 651.00 | 725.00 | 992.00 | 719.00 | 972.00 | 0.00 | -1.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 48 | 50 | 45 | 40 | 39 | 43 | 37 | 36 | 44 | 45 | 42 | 39 |
| Inventory Days | 59 | 77 | 70 | 76 | 101 | 75 | 88 | 88 | 97 | 79 | 56 | 61 |
| Days Payable | 83 | 71 | 68 | 75 | 81 | 83 | 92 | 111 | 157 | 131 | 112 | 123 |
| Cash Conversion Cycle | 25 | 57 | 47 | 40 | 59 | 35 | 33 | 12 | -16 | -6 | -14 | -23 |
| Working Capital Days | 8 | 21 | 10 | 13 | 25 | 3 | 1 | -12 | -35 | -25 | -26 | -28 |
| ROCE % | 21% | 30% | 26% | 27% | 19% | 15% | 13% | 10% | 14% | 6% | 9% | 20% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Mirae Asset Large & Midcap Fund | 1,546,268 | 1.14 | 397.24 | 1,546,268 | 2025-04-22 17:25:39 | 0% |
| Mirae Asset Midcap Fund | 875,363 | 1.49 | 224.88 | 875,363 | 2025-04-22 17:25:39 | 0% |
| Mirae Asset ELSS Tax Saver Fund | 844,258 | 0.97 | 216.89 | 844,258 | 2025-04-22 17:25:39 | 0% |
| Mirae Asset Great Consumer Fund | 387,902 | 2.97 | 99.65 | 387,902 | 2025-04-22 17:25:39 | 0% |
| Aditya Birla Sun Life Small Cap Fund | 154,856 | 0.84 | 39.78 | 154,856 | 2025-04-22 17:25:39 | 0% |
| Mirae Asset Multicap Fund | 136,967 | 1.31 | 35.19 | 136,967 | 2025-04-22 16:51:54 | 0% |
| ICICI Prudential Transportation and Logistics Fund | 126,829 | 1.15 | 32.58 | 126,829 | 2025-04-22 17:25:39 | 0% |
| Sundaram Aggressive Hybrid Fund | 120,000 | 0.67 | 30.83 | 120,000 | 2025-04-22 17:25:39 | 0% |
| Sundaram Multi Cap Fund | 52,105 | 0.54 | 13.39 | 52,105 | 2025-04-22 17:25:39 | 0% |
| Aditya Birla Sun Life Special Opportunities Fund | 26,209 | 0.92 | 6.73 | 26,209 | 2025-04-22 17:25:39 | 0% |
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 158.87 | 46.03 | 17.60 | 106.81 | 57.17 |
| Diluted EPS (Rs.) | 158.87 | 46.03 | 17.60 | 106.81 | 57.17 |
| Cash EPS (Rs.) | 277.70 | 159.08 | 117.93 | 181.86 | 120.98 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 1001.82 | 854.64 | 814.92 | 825.59 | 724.74 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 1001.82 | 854.64 | 814.92 | 825.59 | 724.74 |
| Revenue From Operations / Share (Rs.) | 2952.65 | 2797.25 | 2314.81 | 1881.24 | 1675.85 |
| PBDIT / Share (Rs.) | 413.34 | 244.93 | 178.29 | 246.42 | 184.02 |
| PBIT / Share (Rs.) | 287.55 | 128.91 | 70.70 | 162.46 | 115.66 |
| PBT / Share (Rs.) | 206.65 | 60.80 | 16.35 | 110.65 | 70.97 |
| Net Profit / Share (Rs.) | 151.91 | 43.06 | 10.34 | 97.90 | 52.62 |
| NP After MI And SOA / Share (Rs.) | 158.88 | 46.02 | 17.60 | 106.81 | 57.17 |
| PBDIT Margin (%) | 13.99 | 8.75 | 7.70 | 13.09 | 10.98 |
| PBIT Margin (%) | 9.73 | 4.60 | 3.05 | 8.63 | 6.90 |
| PBT Margin (%) | 6.99 | 2.17 | 0.70 | 5.88 | 4.23 |
| Net Profit Margin (%) | 5.14 | 1.53 | 0.44 | 5.20 | 3.13 |
| NP After MI And SOA Margin (%) | 5.38 | 1.64 | 0.76 | 5.67 | 3.41 |
| Return on Networth / Equity (%) | 15.89 | 5.41 | 2.17 | 13.02 | 7.95 |
| Return on Capital Employeed (%) | 20.54 | 9.50 | 5.20 | 12.92 | 9.26 |
| Return On Assets (%) | 6.43 | 1.93 | 0.77 | 5.31 | 3.14 |
| Long Term Debt / Equity (X) | 0.23 | 0.41 | 0.52 | 0.40 | 0.56 |
| Total Debt / Equity (X) | 0.40 | 0.60 | 0.64 | 0.41 | 0.64 |
| Asset Turnover Ratio (%) | 1.22 | 1.21 | 0.00 | 0.99 | 0.99 |
| Current Ratio (X) | 0.63 | 0.64 | 0.72 | 0.73 | 0.79 |
| Quick Ratio (X) | 0.36 | 0.37 | 0.36 | 0.36 | 0.39 |
| Inventory Turnover Ratio (X) | 6.05 | 6.04 | 0.00 | 4.10 | 4.04 |
| Dividend Payout Ratio (NP) (%) | 7.55 | 6.52 | 102.26 | 0.00 | 41.98 |
| Dividend Payout Ratio (CP) (%) | 4.21 | 1.85 | 14.37 | 0.00 | 19.11 |
| Earning Retention Ratio (%) | 92.45 | 93.48 | -2.26 | 0.00 | 58.02 |
| Cash Earning Retention Ratio (%) | 95.79 | 98.15 | 85.63 | 0.00 | 80.89 |
| Interest Coverage Ratio (X) | 6.21 | 4.09 | 3.48 | 5.68 | 4.93 |
| Interest Coverage Ratio (Post Tax) (X) | 3.50 | 1.86 | 1.26 | 3.45 | 2.61 |
| Enterprise Value (Cr.) | 12411.06 | 7904.07 | 5853.14 | 7657.42 | 5050.49 |
| EV / Net Operating Revenue (X) | 1.04 | 0.69 | 0.62 | 1.01 | 0.74 |
| EV / EBITDA (X) | 7.42 | 7.98 | 8.12 | 7.68 | 6.79 |
| MarketCap / Net Operating Revenue (X) | 0.90 | 0.51 | 0.40 | 0.82 | 0.46 |
| Retention Ratios (%) | 92.44 | 93.47 | -2.26 | 0.00 | 58.01 |
| Price / BV (X) | 2.68 | 1.71 | 1.15 | 1.90 | 1.09 |
| Price / Net Operating Revenue (X) | 0.90 | 0.51 | 0.40 | 0.82 | 0.46 |
| EarningsYield | 0.05 | 0.03 | 0.01 | 0.06 | 0.07 |
After reviewing the key financial ratios for CEAT Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 158.87. This value is within the healthy range. It has increased from 46.03 (Mar 23) to 158.87, marking an increase of 112.84.
- For Diluted EPS (Rs.), as of Mar 24, the value is 158.87. This value is within the healthy range. It has increased from 46.03 (Mar 23) to 158.87, marking an increase of 112.84.
- For Cash EPS (Rs.), as of Mar 24, the value is 277.70. This value is within the healthy range. It has increased from 159.08 (Mar 23) to 277.70, marking an increase of 118.62.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,001.82. It has increased from 854.64 (Mar 23) to 1,001.82, marking an increase of 147.18.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 1,001.82. It has increased from 854.64 (Mar 23) to 1,001.82, marking an increase of 147.18.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 2,952.65. It has increased from 2,797.25 (Mar 23) to 2,952.65, marking an increase of 155.40.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 413.34. This value is within the healthy range. It has increased from 244.93 (Mar 23) to 413.34, marking an increase of 168.41.
- For PBIT / Share (Rs.), as of Mar 24, the value is 287.55. This value is within the healthy range. It has increased from 128.91 (Mar 23) to 287.55, marking an increase of 158.64.
- For PBT / Share (Rs.), as of Mar 24, the value is 206.65. This value is within the healthy range. It has increased from 60.80 (Mar 23) to 206.65, marking an increase of 145.85.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 151.91. This value is within the healthy range. It has increased from 43.06 (Mar 23) to 151.91, marking an increase of 108.85.
- For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 158.88. This value is within the healthy range. It has increased from 46.02 (Mar 23) to 158.88, marking an increase of 112.86.
- For PBDIT Margin (%), as of Mar 24, the value is 13.99. This value is within the healthy range. It has increased from 8.75 (Mar 23) to 13.99, marking an increase of 5.24.
- For PBIT Margin (%), as of Mar 24, the value is 9.73. This value is below the healthy minimum of 10. It has increased from 4.60 (Mar 23) to 9.73, marking an increase of 5.13.
- For PBT Margin (%), as of Mar 24, the value is 6.99. This value is below the healthy minimum of 10. It has increased from 2.17 (Mar 23) to 6.99, marking an increase of 4.82.
- For Net Profit Margin (%), as of Mar 24, the value is 5.14. This value is within the healthy range. It has increased from 1.53 (Mar 23) to 5.14, marking an increase of 3.61.
- For NP After MI And SOA Margin (%), as of Mar 24, the value is 5.38. This value is below the healthy minimum of 8. It has increased from 1.64 (Mar 23) to 5.38, marking an increase of 3.74.
- For Return on Networth / Equity (%), as of Mar 24, the value is 15.89. This value is within the healthy range. It has increased from 5.41 (Mar 23) to 15.89, marking an increase of 10.48.
- For Return on Capital Employeed (%), as of Mar 24, the value is 20.54. This value is within the healthy range. It has increased from 9.50 (Mar 23) to 20.54, marking an increase of 11.04.
- For Return On Assets (%), as of Mar 24, the value is 6.43. This value is within the healthy range. It has increased from 1.93 (Mar 23) to 6.43, marking an increase of 4.50.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.23. This value is within the healthy range. It has decreased from 0.41 (Mar 23) to 0.23, marking a decrease of 0.18.
- For Total Debt / Equity (X), as of Mar 24, the value is 0.40. This value is within the healthy range. It has decreased from 0.60 (Mar 23) to 0.40, marking a decrease of 0.20.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 1.22. It has increased from 1.21 (Mar 23) to 1.22, marking an increase of 0.01.
- For Current Ratio (X), as of Mar 24, the value is 0.63. This value is below the healthy minimum of 1.5. It has decreased from 0.64 (Mar 23) to 0.63, marking a decrease of 0.01.
- For Quick Ratio (X), as of Mar 24, the value is 0.36. This value is below the healthy minimum of 1. It has decreased from 0.37 (Mar 23) to 0.36, marking a decrease of 0.01.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.05. This value is within the healthy range. It has increased from 6.04 (Mar 23) to 6.05, marking an increase of 0.01.
- For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 7.55. This value is below the healthy minimum of 20. It has increased from 6.52 (Mar 23) to 7.55, marking an increase of 1.03.
- For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 4.21. This value is below the healthy minimum of 20. It has increased from 1.85 (Mar 23) to 4.21, marking an increase of 2.36.
- For Earning Retention Ratio (%), as of Mar 24, the value is 92.45. This value exceeds the healthy maximum of 70. It has decreased from 93.48 (Mar 23) to 92.45, marking a decrease of 1.03.
- For Cash Earning Retention Ratio (%), as of Mar 24, the value is 95.79. This value exceeds the healthy maximum of 70. It has decreased from 98.15 (Mar 23) to 95.79, marking a decrease of 2.36.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 6.21. This value is within the healthy range. It has increased from 4.09 (Mar 23) to 6.21, marking an increase of 2.12.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 3.50. This value is within the healthy range. It has increased from 1.86 (Mar 23) to 3.50, marking an increase of 1.64.
- For Enterprise Value (Cr.), as of Mar 24, the value is 12,411.06. It has increased from 7,904.07 (Mar 23) to 12,411.06, marking an increase of 4,506.99.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.04. This value is within the healthy range. It has increased from 0.69 (Mar 23) to 1.04, marking an increase of 0.35.
- For EV / EBITDA (X), as of Mar 24, the value is 7.42. This value is within the healthy range. It has decreased from 7.98 (Mar 23) to 7.42, marking a decrease of 0.56.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 23) to 0.90, marking an increase of 0.39.
- For Retention Ratios (%), as of Mar 24, the value is 92.44. This value exceeds the healthy maximum of 70. It has decreased from 93.47 (Mar 23) to 92.44, marking a decrease of 1.03.
- For Price / BV (X), as of Mar 24, the value is 2.68. This value is within the healthy range. It has increased from 1.71 (Mar 23) to 2.68, marking an increase of 0.97.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.90. This value is below the healthy minimum of 1. It has increased from 0.51 (Mar 23) to 0.90, marking an increase of 0.39.
- For EarningsYield, as of Mar 24, the value is 0.05. This value is below the healthy minimum of 5. It has increased from 0.03 (Mar 23) to 0.05, marking an increase of 0.02.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in CEAT Ltd:
- Net Profit Margin: 5.14%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 20.54% (Industry Average ROCE: 14.57%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 15.89% (Industry Average ROE: 10.06%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 3.5
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.36
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 30.4 (Industry average Stock P/E: 37.4)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.4
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 5.14%
About the Company - Qualitative Analysis
Ceat Ltd. is a Public Limited Listed company incorporated on 10/03/1958 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L25100MH1958PLC011041 and registration number is 011041. Currently Company is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company's Total Operating Revenue is Rs. 13171.65 Cr. and Equity Capital is Rs. 40.45 Cr. for the Year ended 31/03/2025.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | 463, Dr. Annie Besant Road, Worli, Mumbai Maharashtra 400030 | investors@ceat.com http://www.ceat.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. H V Goenka | Chairman |
| Mr. Anant Vardhan Goenka | Vice Chairman |
| Mr. Arnab Banerjee | Managing Director & CEO |
| Mr. Paras K Chowdhary | Non Independent Director |
| Mr. Pierre E Cohade | Non Independent Director |
| Mr. Atul C Choksey | Independent Director |
| Ms. Daisy Chittilapilly | Independent Director |
| Mr. Haigreve Khaitan | Independent Director |
| Mr. Mahesh S Gupta | Independent Director |
| Mr. Milind Sarwate | Independent Director |
| Ms. Priya Nair | Independent Director |
| Mr. Ranjit V Pandit | Independent Director |
| Ms. Sukanya Kripalu | Independent Director |
| Mr. Praveen Pardeshi | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of CEAT Ltd?
CEAT Ltd's intrinsic value (as of 13 June 2025) is ₹3097.97 — 16.47% lower the current market price of 3,709.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 15,005 Cr. market cap, FY2025-2026 high/low of ₹4,044/2,322, reserves of 4,328 Cr, and liabilities of 11,212 Cr.
What is the Market Cap of CEAT Ltd?
The Market Cap of CEAT Ltd is 15,005 Cr..
What is the current Stock Price of CEAT Ltd as on 13 June 2025?
The current stock price of CEAT Ltd as on 13 June 2025 is 3,709.
What is the High / Low of CEAT Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of CEAT Ltd stocks is ₹4,044/2,322.
What is the Stock P/E of CEAT Ltd?
The Stock P/E of CEAT Ltd is 30.4.
What is the Book Value of CEAT Ltd?
The Book Value of CEAT Ltd is 1,080.
What is the Dividend Yield of CEAT Ltd?
The Dividend Yield of CEAT Ltd is 0.81 %.
What is the ROCE of CEAT Ltd?
The ROCE of CEAT Ltd is 15.0 %.
What is the ROE of CEAT Ltd?
The ROE of CEAT Ltd is 11.7 %.
What is the Face Value of CEAT Ltd?
The Face Value of CEAT Ltd is 10.0.